this quarter is considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1
mainly due to reduction in input costs and improvement in Operational parameters through several Strategic Management Initiatives. The Current quarter EBITDA also includes one off expense on account of
of the product to the worldwide level and increase competence and capability of the company continuously and sustainably. 2. Business Outlook on Q2/2018 Management’s Discussion and Analysis (MD&A) For
company is still positive to see an improving of metal spread comparing to Q4/18. 2. Business Outlook on Q4/2018 Own production Tolling Total Own production Tolling Total HRC Sales (k tons) 226 192 418 182
maturity with fixed coupon rate of 3.5% per annum, semiannually paid throughout the term with TRIS rating BBB+ and stable outlook. Unit: THB mn 3Q18 3Q17 9M18 9M17 Hotel business 1,008 997 11 1.1% 3,328
Steel Public Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2019 G J Steel Public Company Limited Page 2/13 2. Business Outlook The Domestic HRC prices were severely
complete the first franchisee contract by this year Outlook on business opportunities from lift of curfew measures With the government measures to control the spread of COVID-19 pandemic, especially the
tax expense (22.03) -3.1% (9.17) -1.1% (19.00) -2.3% 107.2% -13.8% Net profit 131.69 18.4% 121.27 14.6% 143.77 17.1% 18.6% 9.2% Non-controlling interests of the subsidiaries - 0.0% (1.09) -0.1% (1.24
130.44 15.7% 163.57 19.7% 160.71 19.6% -1.8% 23.2% 607.53 19.6% 658.03 19.7% 8.3% Income tax expense (9.17) -1.1% (18.98) -2.3% (19.07) -2.3% 0.5% 108.0% (66.21) -2.1% (77.22) -2.3% 16.6% Net profit 121.27
% 162.32 20.8% 163.68 21.4% 0.8% 1.9% 658.03 19.7% 660.86 21.0% 0.4% Income tax expense (19.07) -2.3% (18.59) -2.4% (18.20) -2.4% -2.1% -4.6% (77.22) -2.3% (77.65) -2.5% 0.6% Net profit 141.64 17.3% 143.73